CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Products / AUD/USD

AUD/USD

Australian dollar (AUD) to United States dollar (USD) exchange rate.

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Product Type: Currencies	Market: Global
Trading Hours: 24 hours, Mon-Fri.

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Description:

The US dollar and the Australian dollar are among the world’s major currencies – the former holds the number one spot, the later reigns in the sixth. AUD/USD represents the amount of US dollars needed to buy one Australian dollar. Despite being a relatively small country (51st largest in terms of population), Australia has a total nominal GDP of $1.483 trillion, making it the 12th largest economy in the world. The country enjoys extensive international trading activities which are primarily attributed to its being both the 19th-largest importer and exporter in the world, and to its government’s non-interference policy and high interest rates. The Aussie dollar (also referred to as ‘buck’ or ‘dough’) is considered a “commodity currency” due to its close ties to the country’s abundantly-available raw materials sector which includes, among others, agriculture, forestry, fishery and mining.

Interesting Facts:

Australia is known as the Land of Plenty. Immensely rich in natural resources, it is one of the worlds’ top exporters of metals, minerals and agriculture commodity products.
USD – the official currency of the largest and wealthiest economy in the world – is involved in over 90% of all global currency transactions.
AUD/USD is within the top 8 most popular currency pairs, and makes up a substantial share of the foreign exchange market.
Australia's export efforts are directed mainly to Northeast and West Asia: third of which to China, a fifth to Japan, and another fifth to South Korea and India.

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Risk Warning and Disclaimer

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all,
but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek
independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility
for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of
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The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country
or jurisdiction where such distribution or use would be contrary to local law or regulation.

When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses. Conducting transactions
can lead to the loss of part or all of the initial investment. Before commencing operations, make sure you understand the risks involved and have sufficient skills to invest.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country
or jurisdiction where such distribution or use would be contrary to local law or regulation.

CFDs and margin FX are leveraged products that carry a high level of risk to your capital. You should only trade with money you can afford to lose. Be Aware: You can lose all, but not more than the balance of your Trading Account. You do not own, or have any rights to, the underlying assets. Past performance is no guarantee of future performance. This information is intended to be general in nature and is not financial product advice. Any advice contained on this website or provided to you by Fort Securities Australia Pty Ltd is general advice only and has been prepared without considering your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. We encourage you to obtain independent financial advice and consider our Financial Services Guide (FSG) and Product Disclosure Statement (PDS) before deciding to enter into or obtain any financial products issued by us.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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